DGAP-News: Progress-Werk Oberkirch AG / Key word(s): Contract
PWO Supervisory Board extends contract of Bernd Bartmann
Oberkirch, March 30, 2017 - In yesterday's meeting, the Supervisory Board of Progress-Werk Oberkirch AG extended Bernd Bartmann's contract. As is customary for all PWO Management Board members who have reached the age of sixty, the duration of the new contract is three years. Bernd Bartmann is thereby appointed until December 31, 2020 and will continue to lead the commercial operations.
"At PWO, commercial operations encompass a broad area ranging from finance, controlling and personnel to legal, organization and risk management. Mr. Bartmann is also responsible for positioning PWO on the capital market. For more than ten years, he has led his area on par with international standards, thus safeguarding the Group's global expansion. We are pleased that we will be able to continue shaping PWO's future with Bernd Bartmann," said Karl M. Schmidhuber, Chairman of the Supervisory Board of Progress-Werk Oberkirch AG.
Bernd Bartmann has been a member of the PWO AG Management Board since January 1, 2005. His current contract expires on December 31, 2017.
Progress-Werk Oberkirch AG
PWO company profile
PW0 is a partner to the global automotive industry for the development and production of innovative products in the divisions of "Mechanical components for electrical and electronic applications," "Safety components for airbags, seats and steering" and "Components and subsystems for vehicle bodies and chassis."
|Company:||Progress-Werk Oberkirch AG|
|Phone:||+49 (0)7802 84-347|
|Fax:||+49 (0)7802 84-789|
|Listed:||Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Tradegate Exchange|
|End of News||DGAP News Service|